Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from a ...
Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...
Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry.
Iraq has started to repay accumulated debts, the head of Russia's Lukoil said, pledging more investment to allow Iraq to maintain stellar output growth.
International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year
Russian Rosneft is set to lower oil output, Natural Resources Minister, Sergei Donskoi said, ahead of a meeting of leading global oil producers in Doha on April 17th to discuss an output freeze to support weak oil pr ...
Lukoil—the second largest oil producer in Russia—sold its stake in Kazakh oil company Caspian Investments Resources to China Petroleum & Chemical Corporation,